Columbus home sales increase seen for the first time in over two years! Highest number of home sales seen in September in three years.

clipped from columbusrealtors.com September 2009 Home Sales Statistics Home sales increased over ten percent in September compared with last year. The 2,012 homes sold was 10.3 percent higher than September of last year and marks the first year over year increase in sales central Ohio has seen in over two years according to the Columbus Board of REALTORS®. “Not only did home sales last month increase for the first time since July of 2007, that’s the highest number of sales we’ve seen in September since 2006.” said Gary Parsons, president of the Columbus Board of REALTORS®.   “This is likely due to the urgency felt by first time home buyers to take advantage of the $8,000 tax credit that expires November 30 of this year.”   The number of homes for sale in central Ohio continues to decrease. With 14,204 listings, inventory levels are down 2.4 percent from the month before and down 14.4 percent from September of 2008. This is the lowest level of inventory the area has seen this time of year since 2004.